Post Utme Noun 2023 Economics Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Noun Economics examination.

Post Utme Noun 2023 Economics Objective / Multiple Choice
Question 9 POST_UTME_NOUN • 2023 • ECONOMICS • objective

A firm's production function is given by \( Q = 2L + 3K \). If the firm wants to produce 100 units, and the wage rate is ₦10 per hour, find the optimal level of capital.

Answer Options

A. ₦30
B. ₦40
Correct Answer C. ₦50
D. ₦60
Correct Answer
C
Correct Option:
₦50

About This Question

This is Post Utme Noun 2023 Economics Question 9. It is one of the objective questions from the 2023 Post Utme Noun Economics examination.

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